Section 1241Y — Corporations Act 2001 (Cth)

If, for the purposes of subsection 1016F(2), the responsible person is a CCIV, treat the reference in that subsection to the directors of the responsible person as if it were instead a reference to the directors of the corporate director of the CCIV.

Related sections

• s 1241V — Product Disclosure Statements—lodging with ASIC
• s 1241W — Product Disclosure Statements—use of application forms
• s 1241X — Product Disclosure Statements—if lodged, then security not to be issued or sold before specified period
• s 1241Z — Disclosure obligations of issuers of securities in CCIVs
• s 1241ZA — Cooling‑off periods
• s 1241ZB — Unsolicited offers to purchase securities in CCIVs off‑market

Research how courts apply s 1241Y

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.